US & India Online Payment Gateway Market Research Report Forecast to 2030
Online payments have become a routine for individuals as it is convenient to make transactions online. The increased popularity of online shopping among individuals has risen the need for secure, fast, and enhanced payment solutions to offer a smooth flow of transactions. Moreover, online payments are anonymous and are difficult to verify resulting in fraudulent transactions that can lead to security breaches in the system. Authorization and tokenization of entities have become a necessity to ensure smooth, error-less transactions. Thus, payment gateways have become an important part and parcel of secure online payments.
A payment gateway is an intermediary entity that connects merchants’ and customers’ bank accounts for transaction processes. Payment gateways provide a convenient payment platform for businesses for e-commerce. Technological advancements in encryption methods have provided these payment platforms with secure transmission of data resulting into the prevention of fraudulent transactions.
Digitization has played a major role in the adoption of online payment system by individuals. Promoting cashless transactions for payments of smaller denominations has risen the need for quick and enhanced payment platforms which are relatively secure. The major driver fueling the growth of online payment gateways is the increased usage of card payments by individuals for transactions. However, security concerns regarding online payments is still refraining the growth of online payment gateway market. This has become a major area of concern for service providers as data needs to be highly encrypted. Additionally, authentication of identities from both merchant’s and customer’s end is necessary to process smooth flow of transaction processes.
Market Segmentation
US & India Online Payment Gateway Market is classified in terms of Type, Application, and industry.
Regional Analysis
In terms of regions, the online payment gateway market is divided into US and India. The market in the US is the largest in 2021 and the market of India is expected to grow with the highest CAGR of 15.8% during the forecast period 2022 to 2030.
Major Players
The major players in the online payment gateway market providing online payment platforms across the globe include PayPal Holdings, Inc., Stripe, 2Checkout, Amazon.com, Inc., PaySimple, SecurePay, Braintree, DigiPay, and BlueSnap.
Companies Mentioned
PayPal Holdings
Inc.
Stripe
2Checkout
Amazon.com
Inc.
PaySimple
SecurePay
Braintree
DigiPay
and BlueSnap
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
- 1 Executive Summary
- 1.1 Market Attractiveness Analysis 13
- 2 Market Introduction 14
- 2.1 Definition 14
- 2.2 Scope Of The Study 14
- 2.3 Research Objective 14
- 2.4 Market Structure 14
- 3 Research Methodology 15
- 4 Market Dynamics 22
- 4.1 Introduction 22
- 4.2 Drivers 23
- 4.2.1 Increasing Digital Payment Transactions In E-commerce And M-commerce 23
- 4.2.2 Need For User-friendly Methods For Online Payments And Reservations 23
- 4.2.3 Drivers Impact Analysis 24
- 4.3 Restraints 24
- 4.3.1 Security Concerns Regarding Online Payment 24
- 4.3.2 Restraints Impact Analysis 25
- 4.4 Opportunity 25
- 4.4.1 Growing Use Of Smartphones For Online Payments 25
- 4.5 Impact Of Covid-19 26
- 4.5.1 Impact Of Covid-19 On It & Telecom Industry 26
- 4.5.2 Impact On Covid-19 On Businesses Across Various Industry Verticals 26
- 4.5.3 Impact On Demand From Emerging Economies 27
- 5 Market Factor Analysis 28
- 5.1 Value Chain Analysis 28
- 5.1.1 Payment Platform Developers 28
- 5.1.2 System Integrators 28
- 5.1.3 Service Providers 29
- 5.1.4 End Users 29
- 5.2 Porter’s Five Forces Model 29
- 5.2.1 Threat Of New Entrants 30
- 5.2.2 Bargaining Power Of Suppliers 30
- 5.2.3 Threat Of Substitutes 30
- 5.2.4 Bargaining Power Of Buyers 30
- 5.2.5 Intensity Of Rivalry 30
- 6 Us & India Online Payment Gateway Market, By Type 31
- 6.1 Overview 31
- 6.2 Hosted Payment Gateways 31
- 6.3 Api/Non-hosted Payment Gateways 31
- 6.4 Pro/Self-hosted Payment Gateways 31
- 6.5 Local Bank Integrates 32
- 6.6 Direct Payment Gateways 32
- 6.7 Platform-based Payment Gateway Solution 32
- 6.7.1 Online Payment Gateway Market, By Type, 2018–2030 33
- 7 Us & India Online Payment Gateway Market, By Application 34
- 7.1 Overview 34
- 7.2 Micro And Small Enterprises 34
- 7.3 Mid-size Enterprises 34
- 7.4 Large Enterprises 34
- 7.4.1 Us & India Online Payment Gateway Market, By Application, 2018–2030 35
- 8 Us & India Online Payment Gateway Market, By Industry 36
- 8.1 Overview 36
- 8.2 Bfsi 36
- 8.3 Retail & E-commerce 36
- 8.4 Media & Entertainment 36
- 8.5 Travel & Hospitality 37
- 8.6 Others. 37
- 8.6.1 Us & India Online Payment Gateway Market, By Industry, 2018–2030 38
- 9 Us & India Online Payment Gateway Market, By Country 39
- 9.1 Overview 39
- 9.2 Us 41
- 9.2.1 Us: Online Payment Gateway Market Share, By Type, 2018–2030 (Usd Million) 41
- 9.2.2 Us: Online Payment Gateway Market, By Application, 2018–2030 42
- 9.2.3 Us: Online Payment Gateway Market, By Industry, 2018–2030 43
- 9.3 India 44
- 9.3.1 India: Online Payment Gateway Market Share, By Type, 2018–2030 (Usd Million) 44
- 9.3.2 India: Online Payment Gateway Market, By Application, 2018–2030 45
- 9.3.3 India: Online Payment Gateway Market, By Industry, 2018–2030 46
- 10 Competitive Landscape 47
- 10.1 Competitive Benchmarking 48
- 10.2 Vendor Share Analysis 49
- 10.3 Recent Developments 49
- 10.3.1 Partnerships/Agreements/Contracts/Collaborations 49
- 10.3.2 Business Expansions/Acquisitions 51
- 10.3.3 Product Launches/Developments 52
- 11 Company Profiles 53
- 11.1 Paypal Holdings, Inc. 53
- 11.1.1 Company Overview 53
- 11.1.2 Financial Overview 54
- 11.1.3 Products/Solutions/Services Offered 54
- 11.1.4 Key Developments 55
- 11.1.5 Swot Analysis 56
- 11.1.6 Key Strategies 56
- 11.2 Authorize.Net. 57
- 11.2.1 Company Overview 57
- 11.2.2 Financial Overview 57
- 11.2.3 Products/Solutions/Services Offered 58
- 11.2.4 Key Developments 58
- 11.2.5 Swot Analysis 58
- 11.2.6 Key Strategies 58
- 11.3 Stripe, Inc. 59
- 11.3.1 Company Overview 59
- 11.3.2 Financial Overview 59
- 11.3.3 Products/Solutions/Services Offered 59
- 11.3.4 Key Developments 59
- 11.3.5 Swot Analysis 60
- 11.3.6 Key Strategies 60
- 11.4 Verifone 61
- 11.4.1 Company Overview 61
- 11.4.2 Financial Overview 61
- 11.4.3 Products/Solutions/Services Offered 61
- 11.4.4 Key Developments 61
- 11.4.5 Swot Analysis 62
- 11.4.6 Key Strategies 62
- 11.5 Amazon Pay (Amazon.Com, Inc) 63
- 11.5.1 Company Overview 63
- 11.5.2 Financial Overview 64
- 11.5.3 Products/Solutions/Services Offered 64
- 11.5.4 Key Developments 65
- 11.5.5 Swot Analysis 66
- 11.5.6 Key Strategies 66
- 11.6 Paysimple 67
- 11.6.1 Company Overview 67
- 11.6.2 Financial Overview 67
- 11.6.3 Products/Solutions/Services Offered 68
- 11.6.4 Key Developments 68
- 11.6.5 Swot Analysis 68
- 11.6.6 Key Strategies 69
- 11.7 Bluesnap Inc. 70
- 11.7.1 Company Overview 70
- 11.7.2 Financial Overview 70
- 11.7.3 Products/Solutions/Services Offered 70
- 11.7.4 Key Developments 70
- 11.7.5 Swot Analysis 71
- 11.7.6 Key Strategies 71
- 11.8 Global Payments Inc. 72
- 11.8.1 Company Overview 72
- 11.8.2 Financial Overview 72
- 11.8.3 Products/Solutions/Services Offered 73
- 11.8.4 Key Developments 73
- 11.8.5 Swot Analysis 74
- 11.8.6 Key Strategies 74
- 11.9 Worldpay By Fis 75
- 11.9.1 Company Overview 75
- 11.9.2 Financial Overview 76
- 11.9.3 Products/Solutions/Services Offered 76
- 11.9.4 Key Developments 77
- 11.9.5 Swot Analysis 77
- 11.9.6 Key Strategies 77
- 11.10 Ccbill, Llc. 78
- 11.10.1 Company Overview 78
- 11.10.2 Financial Overview 78
- 11.10.3 Products/Solutions/Services Offered 78
- 11.10.4 Key Developments 78
- 11.11 First Data Corp (Fiserv, Inc) 79
- 11.11.1 Company Overview 79
- 11.11.2 Financial Overview 80
- 11.11.3 Products/Solutions/Services Offered 80
- 11.11.4 Key Developments 81
- 11.11.5 Swot Analysis 81
- 11.11.6 Key Strategies 81
- 11.12 Infibeam Avenues 82
- 11.12.1 Company Overview 82
- 11.12.2 Financial Overview 82
- 11.12.3 Products/Solutions/Services Offered 83
- 11.12.4 Key Developments 83
- 11.12.5 Swot Analysis 83
- 11.12.6 Key Strategies 83
- List Of Tables
- Table 1 Market Synopsis 13
- Table 2 Online Payment Gateway Market, By Type, 2018–2030 (Usd Million) 33
- Table 3 Us & India Online Payment Gateway Market, By Application, 2018–2030 (Usd Million) 35
- Table 4 Us & India Online Payment Gateway Market, By Industry, 2018–2030 (Usd Million) 38
- Table 5 Us & India Online Payment Gateway Market, By Country, 2018–2030 (Usd Million) 40
- Table 6 Us: Online Payment Gateway Market, By Type, 2018–2030 (Usd Million) 41
- Table 7 Us: Online Payment Gateway Market, By Application, 2018–2030 (Usd Million) 42
- Table 8 Us: Online Payment Gateway Market, By Industry, 2018–2030 (Usd Million) 43
- Table 9 India: Online Payment Gateway Market, By Type, 2018–2030 (Usd Million) 44
- Table 10 India: Online Payment Gateway Market, By Application, 2018–2030 (Usd Million) 45
- Table 11 India: Online Payment Gateway Market, By Industry, 2018–2030 (Usd Million) 46
- Table 12 Partnerships/Agreements/Contracts/Collaborations 49
- Table 13 Business Expansions/Acquisitions 51
- Table 14 Product Launches/Developments 52
- Table 15 Paypal Holdings, Inc.: Products/Solutions/Services Offered 54
- Table 16 Paypal Holdings, Inc.: Key Developments 55
- Table 17 Authorize.Net: Products/Solutions/Services Offered 58
- Table 18 Stripe, Inc.: Products/Solutions/Services Offered 59
- Table 19 Stripe, Inc.: Key Developments 59
- Table 20 Verifone: Products/Solutions/Services Offered 61
- Table 21 Verifone: Key Developments 61
- Table 22 Amazon.Com, Inc: Products/Solutions/Services Offered 64
- Table 23 Amazon.Com, Inc: Key Developments 65
- Table 24 Paysimple: Products/Solutions/Services Offered 68
- Table 25 Paysimple: Key Developments 68
- Table 26 Bluesnap: Products/Solutions/Services Offered 70
- Table 27 Bluesnap: Key Developments 70
- Table 28 Global Payments Inc.: Products/Solutions/Services Offered 73
- Table 29 Global Payments Inc.: Key Developments 73
- Table 30 Fis: Products/Solutions/Services Offered 76
- Table 31 Fis: Key Developments 77
- Table 32 Ccbill, Llc.: Products/Solutions/Services Offered 78
- Table 33 Fiserv, Inc: Products/Solutions/Services Offered 80
- Table 34 Fiserv, Inc: Key Developments 81
- Table 35 Infibeam Avenues: Products/Solutions/Services Offered 83
- Table 36 Infibeam Avenues: Key Developments 83
- List Of Figures
- Figure 1 Market Attractiveness Analysis: Us & India Online Payment Gateway Market 13
- Figure 2 Us & India Online Payment Gateway Market: Structure 14
- Figure 3 Bottom-up And Top-down Approaches 19
- Figure 4 Market Dynamic Analysis Of The Us & India Online Payment Gateway Market 22
- Figure 5 Drivers Impact Analysis: Us & India Online Payment Gateway Market 24
- Figure 6 Restraints Impact Analysis: Us & India Online Payment Gateway Market 25
- Figure 7 Value Chain: Us & India Online Payment Gateway Market 28
- Figure 8 Porter’s Five Forces Model: Us & India Online Payment Gateway Market 29
- Figure 9 Us & India Online Payment Gateway Market, By Type, 2021 (% Share) 32
- Figure 10 Us & India Online Payment Gateway Market, By Type, 2021 Vs 2030 (Usd Million) 33
- Figure 11 Us & India Online Payment Gateway Market, By Application, 2021 (% Share) 35
- Figure 12 Us & India Online Payment Gateway Market, By Application, 2021 Vs 2030 (Usd Million) 35
- Figure 13 Us & India Online Payment Gateway Market, By Industry, 2021 (% Share) 37
- Figure 14 Us & India Online Payment Gateway Market, By Industry, 2021 Vs 2030 (Usd Million) 38
- Figure 15 Us & India Online Payment Gateway Market, By Country, Market Share 2021 (%) 39
- Figure 16 Us & India Online Payment Gateway Market, By Country, 2021 Vs 2030 (Usd Million) 40
- Figure 17 Us Online Payment Gateway Market, By Type, 2018–2030 (Usd Million) 41
- Figure 18 Us: Online Payment Gateway Market, By Application, 2018–2030 (Usd Million) 41
- Figure 19 Us: Online Payment Gateway Market, By Industry, 2018–2030 (Usd Million) 43
- Figure 20 India Online Payment Gateway Market, By Type, 2018–2030 (Usd Million) 44
- Figure 21 India: Online Payment Gateway Market, By Application, 2018–2030 (Usd Million) 45
- Figure 22 India: Online Payment Gateway Market, By Industry, 2018–2030 (Usd Million) 46
- Figure 23 Us & India Online Payment Gateway Market: Competitive Benchmarking 48
- Figure 24 Vendor Share Analysis, 2021 (%) 49
- Figure 25 Paypal Holdings, Inc.: Financial Overview Snapshot 54
- Figure 26 Paypal Holdings, Inc.: Swot Analysis 56
- Figure 27 Visa: Financial Overview Snapshot 57
- Figure 28 Authorize.Net: Swot Analysis 58
- Figure 29 Stripe, Inc.: Swot Analysis 60
- Figure 30 Verifone: Swot Analysis 62
- Figure 31 Amazon.Com, Inc.: Financial Overview Snapshot 64
- Figure 32 Amazon.Com, Inc: Swot Analysis 66
- Figure 33 Evercommerce: Financial Overview Snapshot 67
- Figure 34 Paysimple: Swot Analysis 68
- Figure 35 Bluesnap: Swot Analysis 71
- Figure 36 Global Payments Inc.: Financial Overview Snapshot 72
- Figure 37 Global Payments Inc.: Swot Analysis 74
- Figure 38 Fis: Financial Overview Snapshot 76
- Figure 39 Fis: Swot Analysis 77
- Figure 40 Fiserv, Inc: Financial Overview Snapshot 80
- Figure 41 Fiserv, Inc: Swot Analysis 81
- Figure 42 Infibeam Avenues: Financial Overview Snapshot 82
- Figure 43 Infibeam Avenues: Swot Analysis 83
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook